- Keep at 2,295
- Lower than 2,295
- Lower than 1,700
- Lower than 1,500
- Lower than 1,000
Amazing distribution of opinions on this. Not really sure how someone would make a proposal with this information. Perhaps it requires more discussion.
Maybe somewhere like 1300-1500 is the compromise
I think we should keep it as it continues to attract liquidity = more eyes. If we decrease the liquidity then I fear people might drop off which makes the prizes smaller = more drop off, creating a feedback loop. >.<
There has been a sustained period where no additional liquidity has came over despite very attractive yields; it appears the protocol is overcompensating the current liquidity while no new liquidity comes over.
More than 70% of users think that the current POOL rewards are too high. I think the reward should be reduced by at least half.
If our goal is to get to 1B TVL like what @leighton has in mind for, decreasing the rewards will certainly make people go somewhere else. Even with the current rewards scheme, the APY is only a modest 37 to 47% APR for the stable coin pools. Decreasing that will certainly make TVL drop even more.
Also I think the poll is skewed – it only shows current rewards and downwards from there. I think we should conduct a pool where there are options to increase the pool size and see what the community votes on.